Multiple Choice
Alexis bought a stock for $34 a share two years ago.The stock does not pay any dividends.Today she sold the stock for $28.50 a share.What was her internal rate of return on this investment?
A) 9.22%
B) -9.22%
C) 19.30%
D) -8.44%
Correct Answer:
Verified
Correct Answer:
Verified
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